GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jamaica Stock Exchange Ltd (XJAM:JSE) » Definitions » Forward Dividend Yield %

Jamaica Stock Exchange (XJAM:JSE) Forward Dividend Yield % : 2.74% (As of Jun. 22, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Jamaica Stock Exchange Forward Dividend Yield %?

As of today (2024-06-22), the Forward Annual Dividend Yield of Jamaica Stock Exchange is 2.74%.

As of today (2024-06-22), the Trailing Annual Dividend Yield of Jamaica Stock Exchange is 2.74%.

XJAM:JSE's Forward Dividend Yield % is ranked better than
50% of 348 companies
in the Capital Markets industry
Industry Median: 2.5 vs XJAM:JSE: 2.74

Jamaica Stock Exchange's Dividends per Share for the six months ended in Dec. 2022 was JMD0.44.

During the past 12 months, Jamaica Stock Exchange's average Dividends Per Share Growth Rate was 59.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -26.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jamaica Stock Exchange was 47.20% per year. The lowest was -47.90% per year. And the median was 2.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Jamaica Stock Exchange's Forward Dividend Yield %

For the Financial Data & Stock Exchanges subindustry, Jamaica Stock Exchange's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jamaica Stock Exchange's Forward Dividend Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jamaica Stock Exchange's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Jamaica Stock Exchange's Forward Dividend Yield % falls into.



Jamaica Stock Exchange Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Jamaica Stock Exchange Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JMD 0.2630002024-04-152024-04-162024-04-30Cash DividendannuallyJMD:JMD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Jamaica Stock Exchange's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.263/9.61
=2.74 %

Current Share Price is JMD9.61.
Jamaica Stock Exchange's Dividends per Share for the forward twelve months is calculated as JMD0.263 * 1 = JMD0.263.

Jamaica Stock Exchange's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.263/9.61
=2.74 %

Current Share Price is JMD9.61.
Jamaica Stock Exchange's Dividends per Share for the trailing twelve months (TTM) ended in Today is JMD0.263.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jamaica Stock Exchange  (XJAM:JSE) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Jamaica Stock Exchange Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Jamaica Stock Exchange's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jamaica Stock Exchange (XJAM:JSE) Business Description

Traded in Other Exchanges
N/A
Address
40 Harbour Street, P.O. Box 1084, Kingston, JAM
Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The group's operations are in Jamaica.

Jamaica Stock Exchange (XJAM:JSE) Headlines

No Headlines